Between Luís de Camões Square and the Bica neighbourhood, on one of Chiado’s most discreet streets, Chagas is a rare townhouse of scale and character. Over 550 m² unfold across three floors, filled with natural light from all four façades and complete with one of Chiado’s most coveted features, a private garage.

Dating from the late 18th and 19th centuries, the building combines Pombaline structure with Romantic detail. Its tiled façade opens to a grand entrance hall and a sculptural wooden staircase connecting all levels. Inside, original features remain intact, 3.6-metre ceilings, solid wood floors, carved stone fireplaces, and antique tiles that trace the building’s history.

The layout is generous and flexible. The ground floor holds an independent one-bedroom apartment with its own kitchen and bathroom. The first floor forms the main living area, defined by four interlinked reception rooms opening onto a south-facing balcony with views over Chiado and the Tagus River. Above, the top floor, once an atelier, spans 130 m² under the roof. With decorative ceilings and a second balcony overlooking the city, it offers space for a guest suite, studio, or separate apartment.

Registered under a single title, Chagas provides a strong architectural framework for transformation. The proportions, light, and craftsmanship allow for a thoughtful renovation that can restore the building’s integrity while adapting it to contemporary living.

Set in the upper part of Chiado, the location balances the rhythm of the city with a sense of privacy. Príncipe Real, the Santa Catarina viewpoint, and Lisbon’s best cafés and galleries are within walking distance, while Rua das Chagas remains residential and calm, free from through traffic. A short ten-minute walk downhill leads to the Time Out Market and Cais do Sodré, where train and metro connections link easily to the wider city and beyond.

A building of real presence, Chagas is one of the few remaining townhouses of this scale in the neighbourhood, an exceptional setting for restoration and reinterpretation in Lisbon’s most historic quarter.